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Marijuana Title: Discuss the importance of depreciation expenses. wear and tear as a concept and in practice plays a very important role in a familys immediate payment flow hence in funding. The postulates are basically two, firstly because depreciation is a way of self finance for an organization and secondly because is a way of decreasing taxes that the government claims as the company doesnt have to pay taxes on depreciation which consequently enlarges the silver flow of the company. As a term depreciation in accounting is the process of allocating the cost of a capital addition over the period of its useful life.

Depreciation takes into account the diminish in the service potential of capital assets invested in a business venture, resulting from such causes as physical wear and overcharge in ordinary use, deterioration by natural elements or obsolescence caused by technological changes. Basically depreciation is a personnel casualty ink in value or a diminishment in foodstuff price of a good always takin...If you extremity to demoralise a full essay, order it on our website: OrderCustomPaper.com

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